ReneSola (SOL) Stock Increases 64% This Week: What’s Next?

 

ReneSola (SOL) stock is up more than 64% this week. SOL stock is down -19.7% over the last 12 months, and the average rating from Wall Street analysts is a Hold. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives SOL stock a score of 63 out of a possible 100.

Click Here to get the full Stock Score Report on ReneSola Ltd. (SOL).

That score is mainly influenced by a short-term technical score of 98. SOL’s score also includes a long-term technical score of 91. The fundamental score for SOL is 1. In addition to the average rating from Wall Street analysts, SOL stock has a mean target price of $1.30. This means analysts expect the stock to lose -25.71% over the next 12 months.

What’s Happening with SOL Stock Today

ReneSola Ltd. (SOL) stock is up 12.18% while the S&P 500 is higher by 0.23% as of 10:20 AM on Friday, Sep 20. SOL is higher by $0.19 from the previous closing price of $1.56 on volume of 164,519 shares. Over the past year the S&P 500 has risen 3.64% while SOL is down -19.72%. SOL earned $0.05 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 37.88.

Symbols: SOL

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